Sleighton School
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE BENEFIT OF ELWYN OF PENNSYLVANIA AND DELAWARE (FORMERLY, "ELWYN") WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AS MORE SPECIFICALLY STATED IN ITS ARTICLES OF INCORPORATION.
- Income
- $1,050
- Spending
- $1.0 million
- Reserves
- -243.3 months of spending
- Largest source of income
- other income, 100%
- Employees
- 0
- Volunteers
- 4
- Highest pay
- $803,680, president/ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 18 out of 100. Higher than 3% of charities in its peer group (crime and legal services, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 1052% of what it owns.
Living within its means
0 of 15Spending exceeded income by 96145% of income.
Income trend
15 of 15Income rose 0% on the year before.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 94 out of 100. Higher than 86% of charities in its peer group (crime and legal services, under $250k).
Independent board
25 of 254 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- THE ORGANIZATION OPERATED A RESIDENTIAL PROGRAM FOR GIRLS UNTIL 2001. ITS SOLE ASSET IS THE PROPERTY ON WHICH THE SCHOOL OPERATED. SUBSEQUENT TO THE DISCONTINUATION OF THE RESIDENTIAL PROGRAM, THE ORGANIZATION HAS BEEN IN THE PROCESS OF MARKETING THE PROPERTY FOR SALE. IN JUNE 2020, SLEIGHTON ENTERED INTO A SALES AGREEMENT WITH A PRIVATE ENTITY FOR THE REMAINING 200 ACRES OF THE SLEIGHTON PROPERTY. THE ANTICIPATED SALES PRICE IS APPROXIMATELY $17,285,255, WITH A MINIMUM GUARANTEED PRICE OF $16,000,000, CONTINGENT UPON THE NUMBER OF APPROVED HOUSING UNITS. THE AGREEMENT PROVIDES FOR A MAXIMUM ENVIRONMENTAL REMEDIATION CREDIT OF UP TO $3,000,000, BASED ON THE ESTIMATED COSTS OF (I) DEMOLITION OF EXISTING BUILDINGS AND (II) REMEDIATION OF ENVIRONMENTAL CONTAMINATION ON THE PROPERTY. THE TRANSACTION IS SUBJECT TO CUSTOMARY REAL ESTATE SALE CONTINGENCIES. CLOSING IS CONTINGENT UPON DISCRETIONARY ZONING AMENDMENTS AND APPROVAL OF A JOINT LAND DEVELOPMENT PLAN BY TWO MUNICIPALITIES. THE TIMING AND LIKELIHOOD OF THESE APPROVALS REMAIN UNCERTAIN. IN ADDITION, SEVERAL LAND USE LITIGATION MATTERS ARE PENDING IN THE DELAWARE COUNTY, PENNSYLVANIA COURT OF COMMON PLEAS RELATED TO THE MUNICIPAL APPROVALS REQUIRED FOR THE PROPOSED DEVELOPMENT. THE OUTCOMES OF THESE PROCEEDINGS CANNOT BE REASONABLY DETERMINED AT THIS TIME.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1934.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.